Former Goldman Sachs CEO says DEI programs are ‘counterproductive,’ arguing ‘you’re branding the people in that program’

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Cloud infrastructure revenue, Oracle’s fastest growing business unit and a key driver behind its AI ambitions, clocked in at $4.9 billion, with 84% growth year-over-year. The figure was in line with consensus estimates and continues along with Ellison’s vision of competing with Amazon and Microsoft in the cloud market.